ERCOT

The state is now under more pressure than ever to encourage generation, and that’s likely to mean higher prices at a time when the deregulated market was supposed to be delivering lower prices to consumers.
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Well that didn’t take long. Less than two weeks ago, I raised concerns that the summer temperatures forecast by the Electricity Reliability Council of Texas might be too low. ERCOT, which operates the power grid in the deregulated electricity market, predicted that sluggish employment growth and long-term average temperature forecasts should ensure its reserve cushion […]
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This week the Electric Reliability Council of Texas, which operates the power grid for the state’s deregulated market, said it expects the state will have plenty of power to meet peak electricity demand this summer. That’s reassuring after a colder-than-expected winter produced rolling blackouts in February. ERCOT’s annual summer assessment, though, assumes that electricity demand […]
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